Where did the term Fat Tuesday come from?

Answer Because many people fast during Lent, the last day before Lent became known as "Fat Tuesday," or Mardi Gras in French. It is celebrated with feasting and merriment on the day before Ash Wednesday.S... Read More »

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What is the Italian term for Fat Tuesday?

Fat Tuesday is more familiarly known by its French translation: Mardi Gras. This is the day the Italians call Martedi Grasso--literally, Tuesday Fat. It has become a day of festivities, such as tho... Read More »

Marine Corps definition of the term Semper Fi the term Marines frequently address each other with?

Can short-term&long-term disability insurance be deducted from federal taxes?

Taxpayers are not allowed to deduct premiums that they paid for personal disability insurance. While it is legal to deduct other forms of insurance, such as business liability insurance, personal d... Read More »

What Is the Difference Between Short-Term & Long-Term Capital Gains and Losses?

Capital gains and losses are classified as "long-term" or "short-term" for income tax purposes. If an individual holds property for more than one year before selling it, the gain or loss on the sa... Read More »